Insureon Blog

Business Lessons from the NHL Playoffs: Protect Your Most Important Players

10. June 2013 17:14

Hockey fans following the NHL playoffs right now have enjoyed a number of nail-bitingly exciting games in the last week or so, including multiple matchups that have gone into overtime. One such game, played between the Boston Bruins and the Pittsburgh Penguins last Wednesday, saw Bruins forward Greg Campbell block a slap shot by diving in front of it. 

While he prevented his opponent from scoring, Campbell took the force of the puck straight to his tibia, which ended up breaking the bone. (After the fracture, Campbell spent an agonizing minute on the ice waiting for a stoppage of play.) Now Campbell is out for the rest of the playoffs, leaving the Bruins without a key member of their squad when the stakes are the highest they’ve been all season. 

If you’re a small-business owner, you’re all too aware of how a single unexpected event can upset the balance of your business. One advantage you have over a professional sports team, however, is that you have the opportunity to buy various types of business insurance to keep you protected no matter what happens to you and your key players.

Here’s a look at how various types of business insurance can help you protect yourself and the business you’ve worked so hard to build.

Protect Your Team to Protect Your Business

Chances are, you and your employees are the most important assets your business has. Here’s how you can prevent an unanticipated illness, injury, or death from wreaking havoc on your revenue.

When Does It Make Sense to Insure Your Team?

Most states mandate Workers’ Compensation Insurance, but Key Persons and D&O coverage are only necessary for a select few businesses. To get an idea of what types of coverage make sense for your business, feel free to contact an insureon agent.

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Tags:

Nonprofits | Small Business Risk Management | Workers' Compensation Insurance

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